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Lakeland City Attorney Wants To Join Benefit Plan

Published: Friday, February 1, 2013 at 12:01 a.m.

Last Modified: Thursday, January 31, 2013 at 11:59 p.m.

City Attorney Tim McCausland said Thursday he will ask commissioners today about joining the city's defined-benefit plan.

Commissioners meet at 8:30 a.m. at City Hall for an agenda study meeting.

McCausland said Thursday he will talk to commissioners about an ordinance he plans to read on Monday that will enable a group of city employees to join the defined-benefit plan. Commissioners would likely vote on the issue Feb. 18.

Mccausland has said he wants to contribute about $750,000 of his money, which is currently in a 401(a) plan he joined in 1992. A 401(a) plan is similar to a 401(k) plan.

McCausland has said he won't ask the city to contribute any money. McCausland is paid a yearly salary of $181,105.

<p>City Attorney Tim McCausland said Thursday he will ask commissioners today about joining the city's defined-benefit plan.</p><p>Commissioners meet at 8:30 a.m. at City Hall for an agenda study meeting.</p><p>McCausland said Thursday he will talk to commissioners about an ordinance he plans to read on Monday that will enable a group of city employees to join the defined-benefit plan. Commissioners would likely vote on the issue Feb. 18.</p><p>Mccausland has said he wants to contribute about $750,000 of his money, which is currently in a 401(a) plan he joined in 1992. A 401(a) plan is similar to a 401(k) plan.</p><p>McCausland has said he won't ask the city to contribute any money. McCausland is paid a yearly salary of $181,105.</p>